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Dec 30, 2012
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at the top of the list, government spending cuts that is 8-10% in cuts to every federal agency. and a pay cut for medicare doctors of 27% that would hit after january 1st and finally, don, there's a slew of other tax hikes. the minimum tax and the estate tax. that is everything that would hit average americans. the fiscal cliff, it may be bigger than people realize. don? >> lisa, thank you very much. a lot of us would like to tell lawmakers what we think of them. here is your chance right now, go to our ireport.com and start a message and we will play them to congress on air. it's murder charges now for a new york city woman who we are told has confessed to pushing a man in the subway track to his death. these details are new and we are still gathering information. there is david, he is in new york. david, what has this woman confessed? >> she seems to have confessed to a hate crime, don, she has been charged with second degree murder in the case of this man who was pushed off the subway platform in queens on thursday. and the queens district attorney's office released this stat
at the top of the list, government spending cuts that is 8-10% in cuts to every federal agency. and a pay cut for medicare doctors of 27% that would hit after january 1st and finally, don, there's a slew of other tax hikes. the minimum tax and the estate tax. that is everything that would hit average americans. the fiscal cliff, it may be bigger than people realize. don? >> lisa, thank you very much. a lot of us would like to tell lawmakers what we think of them. here is your chance right...
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Dec 28, 2012
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based on an ideology that calls on government to be as small as possible. its roots are as old as american politics, but the philosophies main spokesman is this man, grover norquist, president of americans for tax reform. his pledge signed by almost all republicans in congress forbid signatories from raising taxes ever under any circumstances. things come to ahead in the summer of 2011. they demand they reduce deficit as a condition for raising the debt ceiling. without a deal shs the u.s. would lose its ability to borrow money. republicans and democrats deploy tactics that shut down the government and ultimately cost america its aaa credit raid raiting for the first time in history. in a last-minute compromise, both sides agree to a trillion dollars in spending cuts up front and another $1.2 trillion in cuts to be decided by a special super committee. but a poison pill was attached. if the super committee can't reach a deal, automatic across-the-board cuts known as the sequester would go into effect starting january 2013. at the exact moment when the bush
based on an ideology that calls on government to be as small as possible. its roots are as old as american politics, but the philosophies main spokesman is this man, grover norquist, president of americans for tax reform. his pledge signed by almost all republicans in congress forbid signatories from raising taxes ever under any circumstances. things come to ahead in the summer of 2011. they demand they reduce deficit as a condition for raising the debt ceiling. without a deal shs the u.s....
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Dec 27, 2012
12/12
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pile on top of that government benefits. i'm talking about social security checks and military payments. who could forget what happens when lawmakers raised the debt ceiling last summer but not until the last minute. that caused a credit downgrade for the u.s. and a huge selloff for the market. the thing is, suzanne, it could come down to the wire once again, yet another nail-biter. suzanne? >> a >>al >> alison, it could cause a ripple effect. >> yeah, but the markets won't take that well. it's more of the saving kick the can down the road. if there's band-aid measure that goes in, that's not what the market is going to necessarily see. they want to see something stronger with the if is cal cliff and the debt ceiling as well and it seems that everything is sort of being held hostage in the whole fiscal cliff discussions and the debt ceiling has become part of that as well. suzanne. >> the president is saying he's not going to allow that to happen. there are other headlines we're keeping our eye on for this thursday. others f
pile on top of that government benefits. i'm talking about social security checks and military payments. who could forget what happens when lawmakers raised the debt ceiling last summer but not until the last minute. that caused a credit downgrade for the u.s. and a huge selloff for the market. the thing is, suzanne, it could come down to the wire once again, yet another nail-biter. suzanne? >> a >>al >> alison, it could cause a ripple effect. >> yeah, but the markets...
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Dec 26, 2012
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and our local governments and the state will step up and do what we need to do for our citizens. >> art faulkner, the director of the state's emergency management in alabama. we thank you for joining us. we want to get now to robert lath latham, the director of the mississippi emergency management agency. mississippi's governor has declared a state of emergency. what's the latest there, sir? >> hey, don. it looks like we've got ten counties that have been impacted from the storms last night. more than 25 injuries have been recorded in those counties. looks like we've got more than 40 homes that have sustained some type of damage, anything from minor to destroyed. several businesses have been impacted but none of the injuries are serious or life-threatening at this time. but right now, we're trying to complete our damage assessments to make sure that we're meeting the needs of the citizens with the first priority being to make sure those that have been impacted have safe and secure shelter. with the cold weather that's now entered the state. >> ten counties, 25 injuries, no deaths. 40 ho
and our local governments and the state will step up and do what we need to do for our citizens. >> art faulkner, the director of the state's emergency management in alabama. we thank you for joining us. we want to get now to robert lath latham, the director of the mississippi emergency management agency. mississippi's governor has declared a state of emergency. what's the latest there, sir? >> hey, don. it looks like we've got ten counties that have been impacted from the storms...
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Dec 31, 2012
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government because fewer people are involved in seeing taxes go up from the 35% rate right now to the 39.6% rate, which existed before the bush tax cuts were implemented in 2001 and 2003 during the clinton administrati administration. so it will be less revenue. they have to find more revenue elsewhere, but it's something the president felt he needed to do to get a deal to show he's ready to negotiate. so he moved from that 250 to 450, so that's a significant concession from the democrats' perspective. >> jessica, what do we expect to hear from the president in the statement he's going to make momentarily? >> reporter: i believe, he's going to urge action, suzanne, and call on both parties to pass this. as you know and as dana bash reported from capitol hill, there are democrats who have expressed concern about the agreement or the emerging deal. it's not done yet. and there is obviously going to be republican resistance, but you know, he will call on both sides to do something. i point out that while 450,000 for a household is a concession by democrats, the democrats are getting some
government because fewer people are involved in seeing taxes go up from the 35% rate right now to the 39.6% rate, which existed before the bush tax cuts were implemented in 2001 and 2003 during the clinton administrati administration. so it will be less revenue. they have to find more revenue elsewhere, but it's something the president felt he needed to do to get a deal to show he's ready to negotiate. so he moved from that 250 to 450, so that's a significant concession from the democrats'...
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Dec 29, 2012
12/12
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this is about government's role in your life. democrats want more of a social safety net, republicans prioritize lower taxes. and that's what distinguishes the democratic and the republican parties sop so that's what they're fundamentally fighting about. if you break it down to the basic deal points right now, democrats say this smaller deal should include a tax increase for households that make $250,000 and more. an extension of unemployment benefits as you pointed out for about 2 million americans, a delay of those massive spending cuts we've all talked about, an increase in the estate tax. republicans say in this deal what they would prefer to see is a limit in the tax increase for the highest earners and a way to avoid that estate tax increase. no delay in those spending cuts so they can argue about that as leverage in the new year and find a way to pay for those unemployment benefits because republicans prefer if we're going to spend, fiend a way to pay for it, don't add to our deficit. martin? >> so let's just say that sena
this is about government's role in your life. democrats want more of a social safety net, republicans prioritize lower taxes. and that's what distinguishes the democratic and the republican parties sop so that's what they're fundamentally fighting about. if you break it down to the basic deal points right now, democrats say this smaller deal should include a tax increase for households that make $250,000 and more. an extension of unemployment benefits as you pointed out for about 2 million...
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Dec 26, 2012
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that's a critical concern whether it's government officials or military officials who leave the government. suzanne. >> i want to remind our viewers what we're talking p here when we talk about syria. in the past few days we're talking about at least 365 people who have been killed on top of more than 100 people killed in an air attack sunday on a bakery. when someone like this of this high stature defects, what does this tell you about the state of the rebel forces? what does this tell you about the possibility of this thing ending anytime soon? >> reporter: the news out of syria, especially in the last few days, gets worse and worse. you have diplomatic talks going on with syria. it's the joint envoy to syria. every day the news is more horrific. each day in the last few days more than 100 people killed on each successive day including today. we hear from opposition activists and free syria army members they're gaining momentum and they're taking over more territory in and around the capital and in parts of the north of the country. it seems to suggest that assad is losing more grip on p
that's a critical concern whether it's government officials or military officials who leave the government. suzanne. >> i want to remind our viewers what we're talking p here when we talk about syria. in the past few days we're talking about at least 365 people who have been killed on top of more than 100 people killed in an air attack sunday on a bakery. when someone like this of this high stature defects, what does this tell you about the state of the rebel forces? what does this tell...
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Dec 29, 2012
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society could take years if not generations, but at the same time they know today the police and the government could be doing a lot more, martin, in order to protect the women of india. >> yeah. if not changing society, how about changing the laws? what are lawmakeri ins talking t doing in this particular case to protect women? and what about the issue of capital punishment applying in this case? >> well, capital punishment perhaps off the table just in terms of looking at this. that's not necessarily the answer that everybody wants. right now there's a lot of anger and that is reflected in calls for capital punishment. the signs that say, you know, hang the murderers, things like this, in new delhi today. i think moreover they're saying why don't we prosecute these people? why when it's a lower caste woman are they sometimes -- their crimes, their accusations are just brushed under the carpet? police are not paying attention. in some cases the victims are being made to marry their rapists. this isn't a solution for society. this is the ongoing problem that india faces. and all those people an
society could take years if not generations, but at the same time they know today the police and the government could be doing a lot more, martin, in order to protect the women of india. >> yeah. if not changing society, how about changing the laws? what are lawmakeri ins talking t doing in this particular case to protect women? and what about the issue of capital punishment applying in this case? >> well, capital punishment perhaps off the table just in terms of looking at this....
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Dec 28, 2012
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and russia in november governing u.s. adoptions to russia, putting out responsibilities for both sides. so what they're saying is, let's please stick to that agreement. they're in close touch with those families, and they're hoping that at least these 50 or some odd cases should be resolved. they're asking parents that are in the pipeline, stay in touch with your adoption agency and also look at adoption.state.gov. we'll put that on our website. that's where parents can get the very latest information about this crisis. >> all right. elise, thank you very much. appreciate it. >>> americans whose adoptions are in imbow are very worried. they're even desperate for information. i want to talk to a family via skype. this is from dover, new jersey. this is jenny and josh johnston. they are in the process of adopting a child from russia. thank you very much for joining us here. i can only imagine -- i can't really imagine what you are going through here. the two of you already have three children, one of them adopted from ethio
and russia in november governing u.s. adoptions to russia, putting out responsibilities for both sides. so what they're saying is, let's please stick to that agreement. they're in close touch with those families, and they're hoping that at least these 50 or some odd cases should be resolved. they're asking parents that are in the pipeline, stay in touch with your adoption agency and also look at adoption.state.gov. we'll put that on our website. that's where parents can get the very latest...
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Dec 28, 2012
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how you care for the poor, how much government spends on the poor. they're very different and i think those philosophical differences are why they are really at loggerheads at this moment. the politics has not helped. right now, i think we're dealing with philosophy. >> absolutely. lisa, don't go anywhere. do we have ali velshi? is ali velshi there? ali? you have more coming up, i know. >> i do. i want to tell you about -- >> help me out here. they're not that far apart, are they? >> this is all politics. they're not that far apart. all the hard work has been done. and the danger of not getting a deal done far exceeds the danger of paying a little extra tax. i'll talk to you about that when i come back, don. >> see you after the break. >> all right. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. soun
how you care for the poor, how much government spends on the poor. they're very different and i think those philosophical differences are why they are really at loggerheads at this moment. the politics has not helped. right now, i think we're dealing with philosophy. >> absolutely. lisa, don't go anywhere. do we have ali velshi? is ali velshi there? ali? you have more coming up, i know. >> i do. i want to tell you about -- >> help me out here. they're not that far apart, are...
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Dec 24, 2012
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so the government does it to keep dairy farmers in business. here's the thing with this. this dairy subsidy expires on january 1st. so if a new bill is not passed or if the current one is not extended, the formula used to calculate what the government pays reverts back to a statute passed in 1949 which has the government buying milk at a much higher price. the result is $7 a gallon for milk. >> so is there anything we can do? >> there is something you can do. choose to not buy it or suck it up and buy the milk. but here's the thing. it's not just milk. it's anything made with milk. we're talking about cheese and everything else. and farmers are going to reap the rewards with higher profits at first but that wouldn't last long because con soumers will cut back on dairy or find an alternative. it's the reason why it's called the dairy cliff. >> that's drew. i've heard goat milk is good but you can't smell it. >> never tried it. >> maybe some day we'll try it together. alison kosik, thank you so much. >>> wounded veterans work iing through christmas as they recover from inju
so the government does it to keep dairy farmers in business. here's the thing with this. this dairy subsidy expires on january 1st. so if a new bill is not passed or if the current one is not extended, the formula used to calculate what the government pays reverts back to a statute passed in 1949 which has the government buying milk at a much higher price. the result is $7 a gallon for milk. >> so is there anything we can do? >> there is something you can do. choose to not buy it or...
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Dec 26, 2012
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and you'll notice that when employer gets to around the adjusted withholding, the government spending cuts, those are also scheduled for january 1st and bound to slow the economy and some argue they'll weaken the military. congress has seen this coming, but an effort to limit the damage failed last week. republican house speaker john boehner could not persuade enough members of his party to let tax rates rise on incomes over a million dollars while sparing everyone else. dana bash is our senior congressional correspondent. dana, this time tomorrow, the president is supposed to be back, having cut his trip to hawaii short, the first lady, the girls are staying in hawaii. the senate is supposed to convene, but not necessarily the house. what is going to happen? >> reporter: well, we're not really sure. in fact, house republican leaders are having a conference call, i'm told, as we speak, to figure out that very question. they told their members that they would have 48 hours notice before they reconvene the house and so at the earliest, that would be on friday. but, you know, the action
and you'll notice that when employer gets to around the adjusted withholding, the government spending cuts, those are also scheduled for january 1st and bound to slow the economy and some argue they'll weaken the military. congress has seen this coming, but an effort to limit the damage failed last week. republican house speaker john boehner could not persuade enough members of his party to let tax rates rise on incomes over a million dollars while sparing everyone else. dana bash is our senior...
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Dec 24, 2012
12/12
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government spending shrinking. and defending on details of your own situation, various tax breaks slipping away. in other words what we're calling the fiscal cliff. a plan to stop it all from happening still alludes washington, so congress has broken camp for the holidays and the president has gone to holiday on vacation. brianna keilar is out there for us in honolulu, eight days away from the fiscal cliff. are there any contacts occurring on this topic between the president and anyone in congress, briana? >> reporter: there is an open line of communication, i would say, with senate democrats, hala. but there is really no substantive conversations between the folks that you with need for there to be conversations between in order to strike a deal. the white house and congressional republicans, and perhaps more alarmingly, senate democrats are not in conversations right now with senate republicans or with house republicans. and this is problematic obviously because in order to avoid the fiscal cliff, you would need
government spending shrinking. and defending on details of your own situation, various tax breaks slipping away. in other words what we're calling the fiscal cliff. a plan to stop it all from happening still alludes washington, so congress has broken camp for the holidays and the president has gone to holiday on vacation. brianna keilar is out there for us in honolulu, eight days away from the fiscal cliff. are there any contacts occurring on this topic between the president and anyone in...